Ukraine's Consolidated Budget Deficit and Public Debt, 2020-2024

This dataset tracks Ukraine's consolidated (general government) budget revenue, expenditure, and balance, alongside the total stock of state and state-guaranteed debt and domestic government securities outstanding, from 2020 to 2024. The dataset is designed to complement this author's banking sector dataset series, in particular the Capital and Government Bonds dataset (Dataset 6) and the conference paper / journal article on the banking sector profitability paradox during the full-scale war. It quantifies the fiscal financing need that underlies the "banks as a channel for sovereign debt financing" mechanism discussed there: the consolidated budget deficit grew from UAH 237.1 billion in 2020 to UAH 1,356.5 billion in 2024, more than a 5.7-fold increase, while total state and guaranteed debt grew from UAH 2,551.9 billion to UAH 6,981.0 billion over the same period. The dataset also enables a bank-share-of-domestic-debt calculation: comparing Domestic_Govt_Securities_Outstanding_UAH_bn (all holders) against this author's Dataset 6 (banks' holdings only) shows that the banking sector's share of total domestic government securities fell from approximately 59% at end-2020 to approximately 38% at end-2022, before partially recovering to approximately 46-48% by 2023-2024 - indicating that non-bank financing channels (the National Bank of Ukraine and retail war bonds, most likely) absorbed a growing share of government financing during the most intense phase of the war. METHODOLOGY & SOURCES Data were manually compiled from the Ministry of Finance of Ukraine's official statistical yearbook "Budget of Ukraine 2024" (Бюджет України 2024), sections 1.3 (State debt and State guaranteed debt) and 1.4 (General government operations). Figures follow IMF GFSM 1986 methodology as applied by the Ministry, excluding privatization receipts (treated as financing) and, from Q2 2014 onward, excluding temporarily occupied territories. One derived column (Debt_to_Revenue_Ratio) is a simple, transparent arithmetic ratio, documented in the Dictionary sheet. CONTACT INFORMATION Illia Kyselov, PhD in Law Associate Professor, Department of Law, Bohdan Khmelnytsky Melitopol State Pedagogical University, Zaporizhzhia, Ukraine CMSA (R), FPWMP (R), and BIDA (R) (Corporate Finance Institute) Email: [e-mail] The author is open to collaboration on Scopus-indexed publications and further research using Ukrainian economic and financial statistics. Inquiries regarding this dataset, potential co-authorship, or data requests are welcome.本数据集追踪统计了2020年至2024年乌克兰合并（一般政府）预算的收入、支出与收支差额，同时涵盖该国未偿国家及国家担保债务、未偿国内政府证券的总规模。 本数据集旨在补充本研究者的银行业数据集系列，尤其是《资本与政府债券数据集》（数据集6），以及关于全面战争期间银行业盈利悖论的会议论文/期刊文章。本数据集量化了前述研究中提及的"银行作为主权债务融资渠道"机制背后的财政融资需求：合并预算赤字从2020年的2371亿乌克兰格里夫纳（UAH）增长至2024年的13565亿乌克兰格里夫纳（UAH），增幅超过5.7倍；同期国家及担保债务总规模则从25519亿乌克兰格里夫纳（UAH）增长至69810亿乌克兰格里夫纳（UAH）。 本数据集还支持国内债务中银行持仓占比的计算：将「Domestic_Govt_Securities_Outstanding_UAH_bn」（所有持有者的未偿国内政府证券）与本研究者的数据集6（仅银行持仓量）进行对比后可见，银行业持有的国内政府证券总占比从2020年末的约59%降至2022年末的约38%，随后在2023-2024年回升至约46%-48%——这表明在战争最激烈阶段，非银行融资渠道（最有可能为乌克兰国家银行（National Bank of Ukraine）与战时零售债券）承接了越来越多的政府融资需求。 ### 研究方法与数据来源 数据由研究者手动整理自乌克兰财政部官方统计年鉴《乌克兰预算2024》（Бюджет України 2024）的第1.3章（国家债务与国家担保债务）及第1.4章（一般政府运营）。数据遵循乌克兰财政部采用的国际货币基金组织1986年版政府财政统计手册（IMF GFSM 1986）核算标准，剔除了私有化收入（视为融资项）；自2014年第二季度起，还剔除了临时被占领土相关数据。本数据集设有一列派生指标「Debt_to_Revenue_Ratio」（债务收入比），为简单透明的算术比值，相关说明详见数据字典工作表。 ### 联系方式 伊利娅·基谢洛夫（Illia Kyselov），法学博士 乌克兰扎波罗热市博赫丹·赫梅利尼茨基梅利托波尔国立师范大学法律系副教授 企业金融研究所（Corporate Finance Institute）认证的CMSA(R)、FPWMP(R)及BIDA(R)持证者 电子邮箱：[e-mail] 本研究者欢迎围绕斯高帕斯（Scopus）收录期刊的合作发表，以及使用乌克兰经济金融统计数据开展的后续研究。针对本数据集、潜在合作署名或数据索取的相关咨询均欢迎接洽。